Learning to trust in indefinitely repeated games
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Zak, Paul J & Knack, Stephen, 2001. "Trust and Growth," Economic Journal, Royal Economic Society, vol. 111(470), pages 295-321, April.
- Paul R. Milgrom & Douglass C. North & Barry R. Weingast*, 1990. "The Role Of Institutions In The Revival Of Trade: The Law Merchant, Private Judges, And The Champagne Fairs," Economics and Politics, Wiley Blackwell, vol. 2(1), pages 1-23, March.
- Stephen Knack & Philip Keefer, 1997. "Does Social Capital Have an Economic Payoff? A Cross-Country Investigation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(4), pages 1251-1288.
- Clark, Kenneth & Sefton, Martin, 2001. "The Sequential Prisoner's Dilemma: Evidence on Reciprocation," Economic Journal, Royal Economic Society, vol. 111(468), pages 51-68, January.
- Drew Fudenberg & Eric Maskin, 2008.
"The Folk Theorem In Repeated Games With Discounting Or With Incomplete Information,"
World Scientific Book Chapters, in: Drew Fudenberg & David K Levine (ed.), A Long-Run Collaboration On Long-Run Games, chapter 11, pages 209-230,
World Scientific Publishing Co. Pte. Ltd..
- Fudenberg, Drew & Maskin, Eric, 1986. "The Folk Theorem in Repeated Games with Discounting or with Incomplete Information," Econometrica, Econometric Society, vol. 54(3), pages 533-554, May.
- Ernst Fehr & Georg Kirchsteiger & Arno Riedl, 1993.
"Does Fairness Prevent Market Clearing? An Experimental Investigation,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(2), pages 437-459.
- Ernst Fehr & Georg Kirchsteiger & Arno Riedl, 1993. "Does Fairness Prevent Market Clearing? An Experimental Investigation," ULB Institutional Repository 2013/5927, ULB -- Universite Libre de Bruxelles.
- Selten, Reinhard & Stoecker, Rolf, 1986. "End behavior in sequences of finite Prisoner's Dilemma supergames A learning theory approach," Journal of Economic Behavior & Organization, Elsevier, vol. 7(1), pages 47-70, March.
- Colin Camerer & Teck-Hua Ho, 1999. "Experience-weighted Attraction Learning in Normal Form Games," Econometrica, Econometric Society, vol. 67(4), pages 827-874, July.
- Ernst Fehr & Klaus M. Schmidt, 1999.
"A Theory of Fairness, Competition, and Cooperation,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 114(3), pages 817-868.
- Fehr, Ernst & Schmidt, Klaus M., . "A theory of fairness, competition, and cooperation," Chapters in Economics,, University of Munich, Department of Economics.
- Ernst Fehr & Klaus M. Schmidt, "undated". "A Theory of Fairness, Competition and Cooperation," IEW - Working Papers 004, Institute for Empirical Research in Economics - University of Zurich.
- Fehr, Ernst & Schmidt, Klaus M., 1999. "A theory of fairness, competition, and cooperation," Munich Reprints in Economics 20650, University of Munich, Department of Economics.
- Fehr, Ernst & Schmidt, Klaus M., 1998. "A Theory of Fairness, Competition and Cooperation," CEPR Discussion Papers 1812, C.E.P.R. Discussion Papers.
- Axel Ockenfels & Gary E. Bolton, 2000. "ERC: A Theory of Equity, Reciprocity, and Competition," American Economic Review, American Economic Association, vol. 90(1), pages 166-193, March.
- Yun Joo Jung & John H. Kagel & Dan Levin, 1994. "On the Existence of Predatory Pricing: An Experimental Study of Reputation and Entry Deterrence in the Chain-Store Game," RAND Journal of Economics, The RAND Corporation, vol. 25(1), pages 72-93, Spring.
- Edward L. Glaeser & David I. Laibson & José A. Scheinkman & Christine L. Soutter, 2000.
"Measuring Trust,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 115(3), pages 811-846.
- Glaeser, Edward Ludwig & Laibson, David I. & Scheinkman, Jose A. & Soutter, Christine L., 2000. "Measuring Trust," Scholarly Articles 4481497, Harvard University Department of Economics.
- Bohnet, Iris & Frey, Bruno S. & Huck, Steffen, 2001.
"More Order with Less Law: On Contract Enforcement, Trust, and Crowding,"
American Political Science Review, Cambridge University Press, vol. 95(1), pages 131-144, March.
- Iris Bohnet & Bruno S. Frey & Steffen Huck, "undated". "More Order with Less Law: On Contract Enforcement, Trust, and Crowding," IEW - Working Papers 052, Institute for Empirical Research in Economics - University of Zurich.
- Cheung, Yin-Wong & Friedman, Daniel, 1997. "Individual Learning in Normal Form Games: Some Laboratory Results," Games and Economic Behavior, Elsevier, vol. 19(1), pages 46-76, April.
- Jim Engle-Warnick & Robert Slonim, 2006.
"Inferring repeated-game strategies from actions: evidence from trust game experiments,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 28(3), pages 603-632, August.
- Jim Engle-Warnick & Robert L. Slonim, 2001. "Inferring Repeated Game Strategies From Actions: Evidence From Trust Game Experiments," Economics Papers 2001-W13, Economics Group, Nuffield College, University of Oxford.
- Andreas Ortmann & John Fitzgerald & Carl Boeing, 2000. "Trust, Reciprocity, and Social History: A Re-examination," Experimental Economics, Springer;Economic Science Association, vol. 3(1), pages 81-100, June.
- Brandts, Jordi & Figueras, Neus, 2003.
"An exploration of reputation formation in experimental games,"
Journal of Economic Behavior & Organization, Elsevier, vol. 50(1), pages 89-115, January.
- Brandts, J. & Figueras, N., 1997. "An Exploration of Reputation Formation in Experimental Games," UFAE and IAE Working Papers 404.97, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Chaim Fershtman & Uri Gneezy, 2001.
"Discrimination in a Segmented Society: An Experimental Approach,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 116(1), pages 351-377.
- Fershtman, C. & Gneezy, U., 2000. "Discrimination in a Segmented Society: an Experimental Approach," Papers 2000-9, Tel Aviv.
- Cooper, Russell & DeJong, Douglas V. & Forsythe, Robert & Ross, Thomas W., 1996.
"Cooperation without Reputation: Experimental Evidence from Prisoner's Dilemma Games,"
Games and Economic Behavior, Elsevier, vol. 12(2), pages 187-218, February.
- Russell Cooper & Douglas V. DeJong & Thomas W. Ross, 1992. "Cooperation without Reputation: Experimental Evidence from Prisoner's Dilemma Games," Papers 0036, Boston University - Industry Studies Programme.
- Cooper, R. & DeJong, D.W. & Ross, T.W., 1992. "Cooperation without Reputation: Experimental Evidence from Prisoner's Dilemma Games," Papers 36, Boston University - Industry Studies Programme.
- Berg Joyce & Dickhaut John & McCabe Kevin, 1995. "Trust, Reciprocity, and Social History," Games and Economic Behavior, Elsevier, vol. 10(1), pages 122-142, July.
- Andreoni, James, 1988. "Why free ride? : Strategies and learning in public goods experiments," Journal of Public Economics, Elsevier, vol. 37(3), pages 291-304, December.
- Erev, Ido & Roth, Alvin E, 1998. "Predicting How People Play Games: Reinforcement Learning in Experimental Games with Unique, Mixed Strategy Equilibria," American Economic Review, American Economic Association, vol. 88(4), pages 848-881, September.
- Alesina, Alberto & La Ferrara, Eliana, 2002.
"Who trusts others?,"
Journal of Public Economics, Elsevier, vol. 85(2), pages 207-234, August.
- Alesina, Alberto & La Ferrara, Eliana, 2000. "Who Trusts Others?," CEPR Discussion Papers 2646, C.E.P.R. Discussion Papers.
- Camerer, Colin & Weigelt, Keith, 1988. "Experimental Tests of a Sequential Equilibrium Reputation Model," Econometrica, Econometric Society, vol. 56(1), pages 1-36, January.
- Greif, Avner, 1993. "Contract Enforceability and Economic Institutions in Early Trade: the Maghribi Traders' Coalition," American Economic Review, American Economic Association, vol. 83(3), pages 525-548, June.
- Neral, John & Ochs, Jack, 1992. "The Sequential Equilibrium Theory of Reputation Building: A Further Test," Econometrica, Econometric Society, vol. 60(5), pages 1151-1169, September.
- Michihiro Kandori, 1992.
"Social Norms and Community Enforcement,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 59(1), pages 63-80.
- Michi Kandori, 2010. "Social Norms and Community Enforcement," Levine's Working Paper Archive 630, David K. Levine.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Goeschl, Timo & Jarke, Johannes, 2014. "Trust, but verify? When trustworthiness is observable only through (costly) monitoring," WiSo-HH Working Paper Series 20, University of Hamburg, Faculty of Business, Economics and Social Sciences, WISO Research Laboratory.
- Engle-Warnick, Jim & Slonim, Robert L., 2004. "The evolution of strategies in a repeated trust game," Journal of Economic Behavior & Organization, Elsevier, vol. 55(4), pages 553-573, December.
- Brülhart, Marius & Usunier, Jean-Claude, 2004.
"Verified Trust: Reciprocity, Altruism and Noise in Trust Games,"
CEPR Discussion Papers
4758, C.E.P.R. Discussion Papers.
- Marius Brülhart & Jean-Claude Usunier, 2004. "Verified Trust: Reciprocity, Altruism, and Noise in Trust Games," Cahiers de Recherches Economiques du Département d'économie 04.15, Université de Lausanne, Faculté des HEC, Département d’économie.
- Camerer, Colin F. & Ho, Teck-Hua, 2015. "Behavioral Game Theory Experiments and Modeling," Handbook of Game Theory with Economic Applications,, Elsevier.
- Greiner, Ben & Ockenfels, Axel & Werner, Peter, 2012.
"The dynamic interplay of inequality and trust—An experimental study,"
Journal of Economic Behavior & Organization, Elsevier, vol. 81(2), pages 355-365.
- Ben Greiner & Axel Ockenfels & Peter Werner, 2007. "The Dynamic Interplay of Inequality and Trust - An Experimental Study," Working Paper Series in Economics 37, University of Cologne, Department of Economics.
- Ben Greiner & Axel Ockenfels & Peter Werner, 2007. "The Dynamic Interplay of Inequality and Trust – An Experimental Study," CESifo Working Paper Series 2173, CESifo.
- Ben Greiner & Axel Ockenfels & Peter Werner, 2007. "The Dynamic Interplay of Inequality and Trust - An Experimental Study," Harvard Business School Working Papers 08-026, Harvard Business School.
- Martin G. Kocher, 2015. "How Trust in Social Dilemmas Evolves with Age," CESifo Working Paper Series 5447, CESifo.
- Ashraf, Nava & Bohnet, Iris & Piankov, Nikita, 2003.
"Is Trust a Bad Investment?,"
Working Paper Series
rwp03-047, Harvard University, John F. Kennedy School of Government.
- Nava Ashraf & Iris Bohnet & Nikita Piankov, 2004. "Is Trust a Bad Investment?," CREMA Working Paper Series 2004-07, Center for Research in Economics, Management and the Arts (CREMA).
- James Andreoni, 2018.
"Satisfaction Guaranteed: When Moral Hazard Meets Moral Preferences,"
American Economic Journal: Microeconomics, American Economic Association, vol. 10(4), pages 159-189, November.
- James Andreoni, 2017. "Satisfaction Guaranteed: When Moral Hazard meets Moral Preferences," NBER Working Papers 23352, National Bureau of Economic Research, Inc.
- Ciriolo, Emanuele, 2007.
"Inequity aversion and trustees' reciprocity in the trust game,"
European Journal of Political Economy, Elsevier, vol. 23(4), pages 1007-1024, December.
- Emanuele Ciriolo, 2005. "Inequity aversion and trustees' reciprocity in the trust game," DULBEA Working Papers 05-20.RS, ULB -- Universite Libre de Bruxelles.
- Emanuele Ciriolo, 2007. "Inequity aversion and trustees' reciprocity in the trust game," ULB Institutional Repository 2013/176651, ULB -- Universite Libre de Bruxelles.
- Sutter, Matthias & Kocher, Martin G., 2007.
"Trust and trustworthiness across different age groups,"
Games and Economic Behavior, Elsevier, vol. 59(2), pages 364-382, May.
- Martin Kocher & Matthias Sutter, 2007. "Trust and trustworthiness across different age groups," Artefactual Field Experiments 00110, The Field Experiments Website.
- Sutter, Matthias & Kocher, Martin G., 2007. "Trust and trustworthiness across different age groups," Munich Reprints in Economics 18182, University of Munich, Department of Economics.
- Hong, Kessely & Bohnet, Iris, 2007.
"Status and distrust: The relevance of inequality and betrayal aversion,"
Journal of Economic Psychology, Elsevier, vol. 28(2), pages 197-213, April.
- Hong, Kesseley & Bohnet, Iris, 2004. "Status and Distrust: The Relevance of Inequality and Betrayal Aversion," Working Paper Series rwp04-041, Harvard University, John F. Kennedy School of Government.
- Kugler, Tamar & Bornstein, Gary & Kocher, Martin G. & Sutter, Matthias, 2007.
"Trust between individuals and groups: Groups are less trusting than individuals but just as trustworthy,"
Journal of Economic Psychology, Elsevier, vol. 28(6), pages 646-657, December.
- Gary Bornstein & Matthias Sutter & Tamar Kugler & Martin G. Kocher, "undated". "Trust between individuals and groups: Groups are less rusting than individuals but just as trustworthy," Papers on Strategic Interaction 2005-02, Max Planck Institute of Economics, Strategic Interaction Group.
- Kugler, Tamar & Bornstein, Gary & Kocher, Martin G. & Sutter, Matthias, 2007. "Trust between individuals and groups: Groups are less trusting than individuals but just as trustworthy," Munich Reprints in Economics 18202, University of Munich, Department of Economics.
- Slonim, Robert & Guillen, Pablo, 2010. "Gender selection discrimination: Evidence from a Trust game," Journal of Economic Behavior & Organization, Elsevier, vol. 76(2), pages 385-405, November.
- Irlenbusch, Bernd, 2004. "Relying on a man's word?: An experimental study on non-binding contracts," International Review of Law and Economics, Elsevier, vol. 24(3), pages 299-332, September.
- Caleb Cox & Matthew Jones & Kevin Pflum & Paul Healy, 2015. "Revealed reputations in the finitely repeated prisoners’ dilemma," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 58(3), pages 441-484, April.
- Elwyn Davies & Marcel Fafchamps, 2015. "When No Bad Deed Goes Punished: A Relational Contracting Experiment in Ghana," CSAE Working Paper Series 2015-08, Centre for the Study of African Economies, University of Oxford.
- Delavande, Adeline & Zafar, Basit, 2015.
"Stereotypes and Madrassas: Experimental evidence from Pakistan,"
Journal of Economic Behavior & Organization, Elsevier, vol. 118(C), pages 247-267.
- Adeline Delavande & Basit Zafar, 2011. "Stereotypes and Madrassas Experimental Evidence from Pakistan," Working Papers WR-859, RAND Corporation.
- Adeline Delavande & Basit Zafar, 2011. "Stereotypes and madrassas: experimental evidence from Pakistan," Staff Reports 501, Federal Reserve Bank of New York.
- Cochard, Francois & Nguyen Van, Phu & Willinger, Marc, 2004.
"Trusting behavior in a repeated investment game,"
Journal of Economic Behavior & Organization, Elsevier, vol. 55(1), pages 31-44, September.
- François Cochard & Phu Nguyen Van & Marc Willinger, 2004. "Trusting Behavior in a Repeated Investment Game," Post-Print hal-00459746, HAL.
- Smith, Alexander, 2011. "Income inequality in the trust game," Economics Letters, Elsevier, vol. 111(1), pages 54-56, April.
- Algan, Yann & Cahuc, Pierre, 2014.
"Trust, Growth, and Well-Being: New Evidence and Policy Implications,"
Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 2, pages 49-120,
Elsevier.
- Cahuc, Pierre & Algan, Yann, 2013. "Trust, Growth and Well-Being: New Evidence and Policy Implications," CEPR Discussion Papers 9548, C.E.P.R. Discussion Papers.
- Algan, Yann & Cahuc, Pierre, 2013. "Trust, Growth and Well-being: New Evidence and Policy Implications," IZA Discussion Papers 7464, Institute of Labor Economics (IZA).
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:gamebe:v:54:y:2006:i:1:p:95-114. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622836 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.